by Shota Gvaramadze
The idea of it was first proposed by Michel Verne in his
book in 1888, a son of the famous French science fiction author Jules Verne.
But it was not until 60ies when engineering visionaries started to get into the
science of building a transatlantic superspeed vac-train (TSV). The idea is
spectacular and audacious, as well as unimaginably hard and expensive by
today’s capacities and costs.
A TSV train would hover above the track without physically
touching it thanks to the magnets, eliminating the rail friction altogether (which
limits the train speed). Magnetic levitation train is no longer a science
fiction; such train already has been serving a route between Shanghai city and its airport since 2004.
Different from a conventional maglev train, TSV would be moving in a vacuum
tunnel submerged and fixed 50 meters above the bottom of Atlantic Ocean (shown
on the picture), eliminating another source of friction - air. By eliminating two
sources of friction, air and rail track, the train will be able to accelerate up
to the speed of 8000 km/h allowing the train to cover a distance of 5000
kilometers between London and New York in just 54 minutes, shrinking the time
and space between two continents (it would take 20 minutes to reach the full
speed and same time to slow down to make the journey comfortable for
passengers. This is the reason why it would take about 54 minutes to travel and
not less).
Different sources estimate the cost of project from $175
billion up to staggering $12 trillion making the project unimaginable to be
embraced by any current government. For a comparison, average cost of building
a 500 km HSR track in Europe is estimated to
be around 10 billion EUR (operational costs not included). This number doesn’t
even reach the lowest proposed cost of $175 billion. However, as the
engineering and material sciences evolve and advance, costs will be pushed down
to a point where undertaking such venture might even become possible. In spite
of all costs, uncertainties, technical feasibility, risks associated with under
water travel (which is way outside of the scope of this article), I think it
would still be interesting to look into the socio-economic impacts of such a
grandiose undertaking should it one day become a reality.
The Japanese and European experiences show that HSR trains
that cover the distances between two cities in less than 2.5 hours can obtain
80-90% of all air traffic and 50% if HSR train covers the distance in less than
4.5 hours. TSV easily meets this requirement. Financial Times in 2009 listed London – New
York flight as the third busiest international route
with annual number of passengers slightly over 1,6 million. By transporting
80-90% of those passengers, TSV will be one of the busiest train routes on
earth.
High Speed Rail (HSR) projects almost never cover their
infrastructure and operational costs and are therefore financed by tax payers’
money. Such spending is always justified by the wider social and economic
benefits HSRs bring. These are passenger time savings, reduction in congestion,
reduction in accidents, reduction in environmental externalities and benefits
including the development of the less developed regions. Historically, United States and UK
have favored HSR projects much less than other European countries, Japan or China . However, if such project was
ever given a green light by British and American governments, TSV would make
impossible possible and have a number of wide scale social and economic effects
on two cities.
A study on UK ’s
InterCity 125/225, a HSR network, has shown that towns that became reachable from
London within 1
and 2 hours, had higher employment rates as well as gross value added per head after
the construction of HSR line. Employment increase was highest in knowledge
intensive business services and creative industries. Reason for this is the
high cost of tacit knowledge exchange in spite of advancement of information
and communication technologies. Therefore, New York
and London , two
hubs of advanced and high value added service industries have very high
potential to benefit from a TSV. Cutting a travel time between two cities from
7 hours (by air) to 54 minutes would enable more frequent business meetings,
increase working hours of business travelers and as a result increase the productivity
of firms. Extent of productivity will also depend on ticket costs, whether
every day commuting would be possible, uniting two job markets into one,
increasing the size of the labor market pool and enabling workers to move from
less productive to more productive jobs between two cities. These two cities as
agglomerated as they already are would become even more competitive, with firms
having larger markets and enjoying the scale economies. As world’s two
financial centers, these cities probably have most in common than any other two
cities in different countries. By having similar physical size and economies,
as well as identical intellectual resources and endowments, these two cities
could benefit from a shared and united market most. On the negative side, as
the output of these two cities would increase, so would the congestion and
office rents, which already pose enormous problems to respective city officials.
As history has already shown, often impossible can quickly become
possible. So who knows maybe one day it will really be possible to have lunch
on Manhattan and still make it to London for an evening
theatre performance.
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